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Dec 31, 2012
12/12
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. >> people will have $9,444 before paying any tax at all. this is a direct fwoost the incomes of people working hard to provide for their families. it's 47 pounds next year in total of $267 pound cash next year. people working full-time on the minimum wage will have seen their income tax bill cut in half. and what we learned today is that growth is being downgraded, this year, next year, the year after, the year after, and the year after that too, mr. speaker. the longest double dip reception since the second world war, now followed by the slowest recovery in the last 100 years. >> when now the latest ficks shows business confidence falling, when the world economy is slowing, when the euro is at such chronic difficulty while plans the chancellor's fiscal strait jacket tightens further next year. it is simply reckless and deeply irresponsible for this chancellor to plow on with a fiscal plan we all know is failing on what he set. the fiscal rule is broken on every target they set themselves -- failing, failing, failing. cutting the trade, mor
. >> people will have $9,444 before paying any tax at all. this is a direct fwoost the incomes of people working hard to provide for their families. it's 47 pounds next year in total of $267 pound cash next year. people working full-time on the minimum wage will have seen their income tax bill cut in half. and what we learned today is that growth is being downgraded, this year, next year, the year after, the year after, and the year after that too, mr. speaker. the longest double dip...
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Dec 30, 2012
12/12
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-- raise taxes. but they do believe across the aisle that washington is broken, and it is not ok to bicker and fight, go home and put out press releases and blame the problems on someone else. we have to reach across the aisle, figure out what we can do and agree on to move our country forward, and get things done. you will see that in the coming three to six months i understand the pessimism all across the country. -- months. i understand the pessimism all across the country. somehow, someway, the leaders in our country have repeatedly found ways to move past our differences. there's no reason to believe that we cannot do it now. uke messer,tative lo thank you for being on "newsmakers." let me turn to our reporters for a bit of a rapid conversation. he is the freshman president for public and, coming into the 113th congress. who are they? >> they are a very diverse bunch. there are some people who are new to politics. but a lot of them are long lines of luke messer, who have been in government at ma
-- raise taxes. but they do believe across the aisle that washington is broken, and it is not ok to bicker and fight, go home and put out press releases and blame the problems on someone else. we have to reach across the aisle, figure out what we can do and agree on to move our country forward, and get things done. you will see that in the coming three to six months i understand the pessimism all across the country. -- months. i understand the pessimism all across the country. somehow, someway,...
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Dec 31, 2012
12/12
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WGN
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including a tax credit for families with children the education tax credit. >> he said he would have liked to have gotten a bigger deal done but unfortunately he was not able to do that. this will have to be ruled out in several steps. checking chicagos letter which is kind of great as the final day of 2012. snow passing downstate as you can see on the radar. if you're heading south be aware of that. we may get a flurry but a lot of this hanging up in the clouds over the city. it will be moving out of here tonight. we get into some serious cold there. this low pressure a streaking along fast. high pressure comes in and brings the sun back tomorrow. look at the temperatures and how cold it is out west of us. we've got 310 days without a subfreezing reading. the hundred and 10 days310 days is just not happened before. tomorrow it happens, we go into subfreezing daytime high territory. we bring to an end, a record. live records going back 142 years. thirties' now around the city. the winds are west at 12. makes it feel like it is 22. that is the reading right now. here the temperatures
including a tax credit for families with children the education tax credit. >> he said he would have liked to have gotten a bigger deal done but unfortunately he was not able to do that. this will have to be ruled out in several steps. checking chicagos letter which is kind of great as the final day of 2012. snow passing downstate as you can see on the radar. if you're heading south be aware of that. we may get a flurry but a lot of this hanging up in the clouds over the city. it will be...
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Dec 31, 2012
12/12
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LINKTV
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. >> there has been increasing tax -- increasing sectarian tension. nouri al-maliki is blaming foreign countries for that. why is he saying that? >> he is saying it because of the protests that have been going on for the last 10 days in difference in the areas. he did say that the protests started demanding the release of bodyguards of sunni prisoners. the demands were raised to topple the regime as well as having a sectarian nature on those protests. >> we may have differences with one another, but what relation does erdogan have in this? why is the flag raised? what relation does it have with the demands of the people? you can see the case of sectarian tensions and extensions. >> i'm wondering what kind of reaction that point will have amongst iraqis. they are not likely to stop their protests, are they? >> no, they are not. i spoke to the spokesperson nominated by the protesters a few moments ago. he did say that he totally rejects being commands made by the prime minister -- comments made by the prime minister. he said their demands are not of a s
. >> there has been increasing tax -- increasing sectarian tension. nouri al-maliki is blaming foreign countries for that. why is he saying that? >> he is saying it because of the protests that have been going on for the last 10 days in difference in the areas. he did say that the protests started demanding the release of bodyguards of sunni prisoners. the demands were raised to topple the regime as well as having a sectarian nature on those protests. >> we may have...
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Dec 31, 2012
12/12
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CSPAN2
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almost every family that pays taxes now will pay higher taxes. people's jobs will immediately be put in jeopardy, unemployment compensation will end for more than 2 million people, our defenses will be decimated by cuts that will put us in a position of accepting really unacceptable risks to our security, title 1 programs of education for low-income children will be cut dramatically, most people, including the congressional budget office, our own congressional budget office, say that the combination of tax increases along with the decreased spending required under the budget control act will push our economy back into recession in the new year. so i don't agree that no deal is better than a bad deal. in this case, i repeat, no deal is the worst deal because it allows our country to go over the fiscal cliff and really hurts almost every american family in our country, in our economy, as a whole. this shouldn't be a surprise to us. it's not as if, if i could use the metaphor, that congress was going along in a bus and -- on a ride through the count
almost every family that pays taxes now will pay higher taxes. people's jobs will immediately be put in jeopardy, unemployment compensation will end for more than 2 million people, our defenses will be decimated by cuts that will put us in a position of accepting really unacceptable risks to our security, title 1 programs of education for low-income children will be cut dramatically, most people, including the congressional budget office, our own congressional budget office, say that the...
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Dec 31, 2012
12/12
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LINKTV
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it's a term used to describe the expiry of tax cuts dating back to 2001. if there is no deal, 88% of americans will end up paying $400 billion more in 2014. that will be coupled with more than a trillion dollars in automatic government spending cuts. according to the congressional budget office it will start with $200 billion in military and social welfare cuts next year. the big concern over falling off the fiscal cliff is it will send the u.s. back into a recession with, of course, global repercussions. it could be weeks before anyone feels the effects. and analysts say even without an agreement, politicians can reach other deals to soften the impact. >> u.s. president barack obama making a rare appearance on one of u.s. tv's agenda-setting sunday shows. he appealed to politicians of both parties not to let the u.s. go off the so-called fiscal cliff. the budget crisis, some kay -- say could tip the u.s. into recession dragging the rest of the world with it. >> over the next 48 hours, regardless of partisan differences our top priority has to be that taxe
it's a term used to describe the expiry of tax cuts dating back to 2001. if there is no deal, 88% of americans will end up paying $400 billion more in 2014. that will be coupled with more than a trillion dollars in automatic government spending cuts. according to the congressional budget office it will start with $200 billion in military and social welfare cuts next year. the big concern over falling off the fiscal cliff is it will send the u.s. back into a recession with, of course, global...
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from a tax increase. it would go back to clinton era rates for capital gains dividends under $450,000 per year would save the current rate. income amounts above that, we are talking about a 20% tax. taxes would increase there. the alternative minimum tax would be couch. it sounds tens of millions of middle-class americans, and this would be a permanent exemption for those people. as for the estate tax, it would go to 40%. there would be a one-year extension of long-term unemployment benefits. adam: what is the sticking point? it seems to me that the democrats felt they wanted, even a delay on the spending cuts. reporter: they did, and that's the problem. it is the delay on the spending cuts democrats wanted to delay the automatic spending cuts for the first few months. known as the sequester. $94 billion worth over the next year. republicans wanted to pay for that by spending cuts elsewhere. so that's something that they are still arguing out right now. republicans say that we have this. adam: will there
from a tax increase. it would go back to clinton era rates for capital gains dividends under $450,000 per year would save the current rate. income amounts above that, we are talking about a 20% tax. taxes would increase there. the alternative minimum tax would be couch. it sounds tens of millions of middle-class americans, and this would be a permanent exemption for those people. as for the estate tax, it would go to 40%. there would be a one-year extension of long-term unemployment benefits....
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Jan 1, 2013
01/13
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WUSA
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payroll tax. it also kicked the can down the road on automatic spending cuts for the defense department and domestic programs. they've been postponed for two months. as lee cowen reports, that uncertainty has many business owners worried. >> reporter: jo ann vinute is running the numbers. her payroll is due this week. she now has a hint on what taxes to withhold from her dozen employees. that's only half her work. unresolved spending cuts are the other. >> it's very uncertain and very unnerving and very -- causes a lot of anxiety and a lot of lack of sleep. >> reporter: she's the president of golden state magnetic. a $2 million a year los angeles company that inspects, cleans and paints high-tech aircraft and aerospace parts. everything from fighter jets to mars rovers. any cuts in defense spending could mean cuts in her business, too. and the waiting has her on a fiscal cliff of her own. what does it do if there's another, you know, month, two months, three months of this? >> it could potentially
payroll tax. it also kicked the can down the road on automatic spending cuts for the defense department and domestic programs. they've been postponed for two months. as lee cowen reports, that uncertainty has many business owners worried. >> reporter: jo ann vinute is running the numbers. her payroll is due this week. she now has a hint on what taxes to withhold from her dozen employees. that's only half her work. unresolved spending cuts are the other. >> it's very uncertain and...
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Dec 29, 2012
12/12
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WGN
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social security and income tax increases would lower the state's revenue by up to 5 billion. this is all coming down the pipe because we have yahoos in congress who can't sit down and to do the job. pessimism helped push stocks down friday for a fifth straight day the industrial average dropped 158 points. paul lisnek says lawmakers know what's at stake if we passed the deadline with no deal. >>, chris can peddle their way back the economy may not be able to withstand the pressure, it's too fragile so i really believe that members of congress will actually put the needs and the welfare of the country ahead of their own political future. >> we had a significant murder rate here in chicago the 500th person was killed last night mayor emanuel calls it an unfortunate and tragic milestone. terry mccarthy calling the numbers tragic the spokesperson saying 80 percent of these homicides are gang- related people we talked to said no matter where they happen to the need to be stopped. nathaniel jackson was pronounced dead early this morning hours after being gunned down outside this co
social security and income tax increases would lower the state's revenue by up to 5 billion. this is all coming down the pipe because we have yahoos in congress who can't sit down and to do the job. pessimism helped push stocks down friday for a fifth straight day the industrial average dropped 158 points. paul lisnek says lawmakers know what's at stake if we passed the deadline with no deal. >>, chris can peddle their way back the economy may not be able to withstand the pressure, it's...
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Dec 27, 2012
12/12
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KTVU
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will go over that cliff allowing lawmakers then to vote to lower taxes after they first go up. >> to make them look better? to appease voters? is that the reason? great. . >> meanwhile, another showdown is looming. the government will hit its federal debt limit on new year's eve and could default unless congress passes legislation to permit more borrowing. >>> the passage of proposition 30 gave governor brown the extra money he wanted for california schools. now he's working on a proposal to differencevy up the funds. eats work -- divvy up the funds. >> he wants to return more accountability, authority and decision-making down to local school districts because teachers, administrators and parents have a better sense of what their local priority are than people here in sacramento do. >> the governor's proposal will be included in his new budget set to be released next month. >>> california is losing out on federal vouchers provided from the no child left behind law. according to a report in the san jose perkry news, the state was notified last friday. it requires yearly improvements i
will go over that cliff allowing lawmakers then to vote to lower taxes after they first go up. >> to make them look better? to appease voters? is that the reason? great. . >> meanwhile, another showdown is looming. the government will hit its federal debt limit on new year's eve and could default unless congress passes legislation to permit more borrowing. >>> the passage of proposition 30 gave governor brown the extra money he wanted for california schools. now he's...
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and if you don't do that, the taxes are going to go. gerri: all right, we are going to take a break right now. but we will break into programming the minute that anybody goes to the senate if we hear from the vice president. rich edson is covering all this for us on capitol hill. the fox business team is in place here on sixth avenue. two hours left from the fiscal cliff. the revelers are ready to party, and we are here for you all night. back to the programming totion e that injunction against the contraceptive mandate? >> it is a surprisingri, pringlehey lt be >> a christian-based company, and they think that that is part of their credo, and 10mandment l commandments, the golden rule. the living hearing purchase pilt will kill babies. we are not going to do it. but the circuit court, the appeals court said we are going to hold up that ruling against it. in this particular case, the court says you are right that your religious exercise is something limited. you can still were shut and you say to that you are limited wit. rtgard to obam
and if you don't do that, the taxes are going to go. gerri: all right, we are going to take a break right now. but we will break into programming the minute that anybody goes to the senate if we hear from the vice president. rich edson is covering all this for us on capitol hill. the fox business team is in place here on sixth avenue. two hours left from the fiscal cliff. the revelers are ready to party, and we are here for you all night. back to the programming totion e that injunction against...
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Dec 24, 2012
12/12
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WGN
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the country faces massive mandatory tax increases and federal spending cuts on january 1st. meanwhile one republican congressman says president obama wants america to go over that cliff >> it is unclear when the president will return from hawaii. staffers for both sides are expected to be communicating over the next few days >> egypt's leading opposition party says it plans to appeal the results of yesterday's constitutional referendum. preliminary results show the new constitution passed with 64- percent of the vote. but opponents say it limits their rights -- and is not legitimate because the voting procedure didn't follow guidelines. parliamentary elections are scheduled in two months -- and the opposition hopes to present a united front by then. some 68-percent of egyptians did not vote in the referendum. >> former president george h. w. bush is showing signs of recovery but may not be home to celebrate christmas with his family. he has been hospitalized since november with a brown tide is related cough. in a statement from hospital his doctors are optimistic he will mak
the country faces massive mandatory tax increases and federal spending cuts on january 1st. meanwhile one republican congressman says president obama wants america to go over that cliff >> it is unclear when the president will return from hawaii. staffers for both sides are expected to be communicating over the next few days >> egypt's leading opposition party says it plans to appeal the results of yesterday's constitutional referendum. preliminary results show the new constitution...
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and america is braced to plunge off the fiscal cliff as democrats and republicans haggle over taxes. on. a sacred place rising out of the waters of the lake the lawn ministry's home to one hundred fifty orthodox monks mostly younger than thirty five and they've come from many different places and backgrounds to live in isolation here spiritual life it takes up many hours on the road to becoming a monk requires both hard work and religious telly cation. salem's to become and herds cattle as part of this preparation. however these beasts get a musical company. down sequences you know they react to the sound signals the flutes the herders had in the old days they needed them it wasn't just fun but these meadows didn't come naturally requiring decades of composting to bring the soil up to farming standard this island is mostly rock. the soil here is very thin on the monks can't just get more of it because they're surrounded by the lake so they have to work very hard in order to provide whatever food they need. to grow their own crops found their own fish and repair their own churches. bu
and america is braced to plunge off the fiscal cliff as democrats and republicans haggle over taxes. on. a sacred place rising out of the waters of the lake the lawn ministry's home to one hundred fifty orthodox monks mostly younger than thirty five and they've come from many different places and backgrounds to live in isolation here spiritual life it takes up many hours on the road to becoming a monk requires both hard work and religious telly cation. salem's to become and herds cattle as part...
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Dec 27, 2012
12/12
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FBC
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happened, tax increases. john boehner was offered 121. not only are they phony, they get smaller. negotiation to walk into. eric: we have to leave it there, grover norquist, thank you. imagine every ship in port for massachusetts to texas shut down, nothing gets in or out. if they don't get their way, will everybody pay? this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just g "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture ca! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am on the naughty list again? ho ho ho! >> forget the fiscal cliff. eric: forget the fiscal cliff, what about a container cliff and what that might do to the economy. a a nasty standoff between union workers and the companies could cripple the nation. unless two groups reach a
happened, tax increases. john boehner was offered 121. not only are they phony, they get smaller. negotiation to walk into. eric: we have to leave it there, grover norquist, thank you. imagine every ship in port for massachusetts to texas shut down, nothing gets in or out. if they don't get their way, will everybody pay? this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just g...
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they're the ones or create jobs when in reality when their taxes are higher under bill clinton three times as many jobs are created the propensity to add softer terms to the english lexicon has surged over the decades particularly when it comes to military related language there's a condition in combat most people know about it it's when a fighting person's nervous system has been stressed to its absolute peak and maximum can't take anymore and puts the nervous system has either snapped or is about to snap in the first world war that condition was called show shock today this same condition is known as an eight syllable hyphenated furries void of any emotion post-traumatic stress disorder the aftermath of war includes post-traumatic stress disorder those of you suffering from p.t.s.d. when it comes to a war where you have the most damaging euphemisms like when and so saying innocent civilians were killed in a drone strike you say there was collateral damage collateral damage. to me is the worst expression no it's innocent men women and children were killed in the collateral damage so
they're the ones or create jobs when in reality when their taxes are higher under bill clinton three times as many jobs are created the propensity to add softer terms to the english lexicon has surged over the decades particularly when it comes to military related language there's a condition in combat most people know about it it's when a fighting person's nervous system has been stressed to its absolute peak and maximum can't take anymore and puts the nervous system has either snapped or is...
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Dec 27, 2012
12/12
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CSPAN
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that is why the bush tax cuts are about to expire. the same is true of the so- called the sequester. it is an across-the-board cut of $1.20 trillion focused on domestic spending, it was put in place to provide leverage to the special committee that was supposed to resolve these matters and it was supposed to be the sword of damocles that if they did not reach an agreement to sequester would drop and there would be an across-the-board cut. no distinctions, no prioritization. just cut across the board. and guess what? the special committee could not reach an agreement on an overall fiscal plan. so this sword of damocles is about to drop and put into place a policy no one thought was a good one. >> what is congress' role in this? >> i opposed it. i said this was going to lead to trouble. i laid out where i thought it would ultimately leave us, and he we are. here we are. somebody said to me today, don't you sometimes feel like, i told you so? it doesn't do any good. i wish alan greenspan would have listened to my advise what i said to hi
that is why the bush tax cuts are about to expire. the same is true of the so- called the sequester. it is an across-the-board cut of $1.20 trillion focused on domestic spending, it was put in place to provide leverage to the special committee that was supposed to resolve these matters and it was supposed to be the sword of damocles that if they did not reach an agreement to sequester would drop and there would be an across-the-board cut. no distinctions, no prioritization. just cut across the...
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Dec 25, 2012
12/12
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FBC
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way $1.64 trillion in taxes. $82 billion per year from the top 2%. senates the n same amount of net tax hikes in the president's 2013 budget that the senate rejected unanimously. byl the tax hikes that he is requesting, the national debt by it'll instead of 25.8%, that's where you get cut down. it will amount toll $25.4 trillion.that's we will call at obama wins. a r the national media waiting forii that one. that is what will be. it will be a really dramaticis s scene. i want to show you exactly how changes. speaker boehner wants, oh, yeah? he is going to kick some tail. we are going to get to point you leally in dollars and the spending of this country.that'l let me rephrase that. total a $2.2 trillion reduction in thf total plan spending. we are looking at the republican plan. we will show you just how tough it is. the only difference is how we get there. mr. obama wants one thing and mr. boehner once another.see and we will see a knockdown drag out fight any big dramatic of negotiation. what you and i and all americans are looking at is the prosp
way $1.64 trillion in taxes. $82 billion per year from the top 2%. senates the n same amount of net tax hikes in the president's 2013 budget that the senate rejected unanimously. byl the tax hikes that he is requesting, the national debt by it'll instead of 25.8%, that's where you get cut down. it will amount toll $25.4 trillion.that's we will call at obama wins. a r the national media waiting forii that one. that is what will be. it will be a really dramaticis s scene. i want to show you...
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Dec 31, 2012
12/12
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CSPAN2
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-- tax rates on people that make over $400,000. i don't think that's a good idea because i think it hurts job creation. the better way to get revenue is to eliminate deductions and exemptions for businesses and wealthy individuals and take that money back into the treasury, lower tax rates to create jobs and pay down debt. that's what bowles-simpson did. not juan bipartisan group who has tried to solve our debt problem and our spending problem and our revenue problem suggested raising tax rates. bools, a -- bowles-simpson, a bipartisan group, actually lowered tax rates and did it by eliminating deductions and exemptions and they put a lot of money on the debt, they had a 25% corporate rate and the top personal rate was 30%. they took this $1.2 trillion we give out every year in exemptions and deductions to the favored few, they brought it back into the treasury, they paid down debt and they lowered tax rates to help create jobs. this president's approach is the opposite of simpson-bowles and the gang of six. you had six senators, t
-- tax rates on people that make over $400,000. i don't think that's a good idea because i think it hurts job creation. the better way to get revenue is to eliminate deductions and exemptions for businesses and wealthy individuals and take that money back into the treasury, lower tax rates to create jobs and pay down debt. that's what bowles-simpson did. not juan bipartisan group who has tried to solve our debt problem and our spending problem and our revenue problem suggested raising tax...
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Dec 26, 2012
12/12
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CSPAN
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our taxes. i am a republican and a bit less than $15,000 a year. i will pick up a beer can or a beer bottle when i am going down the street. most definitely. i have to collect them some days just to get by. as far as kicking the can of the road, i believe -- i do not believe in that. i think republicans have to face the fact that the conservatives always believe in a balanced budget. they always do. they have to scale down the monstrosity of a government they have. host: a reminder to all of our callers, please keep the sound of doubt on your tv set at home. -- keep the sound down on your tv set at home. here is a short piece from the interview on why the senator is leaving office. [video clip] >> many reasons. i have served here 20 years. less than 5 percent have serve that long. some of it is i am tired of living out of a suitcase. i miss 80% of my wife's birthdays and anniversaries. and i thought, it is time for somebody else to take this on. sometimes change is a good thing. after 26 years,
our taxes. i am a republican and a bit less than $15,000 a year. i will pick up a beer can or a beer bottle when i am going down the street. most definitely. i have to collect them some days just to get by. as far as kicking the can of the road, i believe -- i do not believe in that. i think republicans have to face the fact that the conservatives always believe in a balanced budget. they always do. they have to scale down the monstrosity of a government they have. host: a reminder to all of...
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Dec 30, 2012
12/12
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FOXNEWSW
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amt, the alternative minimum tax. a fix so that won't hit 20 million more americans. >> that is exactly right. >> chris: let me focus on the tax rates. that has been the biggest issue in the whole debate. the president wants to extend the tax rates on families making less than $250,000 a year. senator graham is that acceptable or does the threshold for when you start to make the bush tax rates go away does it have to be higher? some people said $400,000 and $500,000. how confident are you that the house which refused to set the mark at a million dollars will pass any tax rate increase? >> if democrats will vote for the deal in the house if they are allowed to vote for whatever the senate passes there will be enough republicans but boehner needs a majority of the republican party. in 2010 we extended all of the tax cuts because the economy was weak. we are not going to extend all of the tax cuts but the economy is weaker. i don't understand the economics but i do understand the politics. the president won. the presiden
amt, the alternative minimum tax. a fix so that won't hit 20 million more americans. >> that is exactly right. >> chris: let me focus on the tax rates. that has been the biggest issue in the whole debate. the president wants to extend the tax rates on families making less than $250,000 a year. senator graham is that acceptable or does the threshold for when you start to make the bush tax rates go away does it have to be higher? some people said $400,000 and $500,000. how confident...
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Dec 29, 2012
12/12
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FBC
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my taxes went up. fiscal cliff could cause some people's taxes to go up enough. adam: they tight enup spending. >> tight enup spending. lenders do the same thing on the backside. i don't know if you will have your job. i don't know if the credit rating will hold back letting money go. adam: what you described this is a great lesson in federal reserve speak. this is negative feedback loop. everyone tightening out of fear. let's take it a step further. we don't know what the tax situation will be and lay in tax returns, people use that for down payment when would they get that to put a down payment on a car, right. >> people think i don't have the money. maybe i don't want to maintain my existing car. we hope that is the case. nine out of 10 cars have something wrong with them on the road. if you don't do the basic maintenance that may be only way to keep your job to get your family to where they want to go. that is all dollars and cents. adam: in new york, nine out of tense cars the big problem is the driver in the other car. >> that is all across the country. ada
my taxes went up. fiscal cliff could cause some people's taxes to go up enough. adam: they tight enup spending. >> tight enup spending. lenders do the same thing on the backside. i don't know if you will have your job. i don't know if the credit rating will hold back letting money go. adam: what you described this is a great lesson in federal reserve speak. this is negative feedback loop. everyone tightening out of fear. let's take it a step further. we don't know what the tax situation...
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involved the russian lawyer who was arrested on tax evasion charges and died while they printed it for a limited confinement but again these two acts are seen as the latest developments in the diplomatic row which seems to not to get any better between russia and the united states despite the whole affair with the reset button. iran kicked off a series of naval war games in the persian gulf this week the maneuvers a take. placed near the strait of hormuz trade ring that carries about a fifth of the world's oil shipments to iran earlier warned it would block off the strait if attacked but says this particular drill is aimed at improving security in the region but that security however is being deliberately undermined by external pressure on iran says the professor of political science mohammed has sand carney the security is a regional merger we should core group these over to create a regional security arrangement on portable in the united states has been the wrong . door out of our eyes in a way i mean to give them this feeling that the threat is coming from there on you need our pres
involved the russian lawyer who was arrested on tax evasion charges and died while they printed it for a limited confinement but again these two acts are seen as the latest developments in the diplomatic row which seems to not to get any better between russia and the united states despite the whole affair with the reset button. iran kicked off a series of naval war games in the persian gulf this week the maneuvers a take. placed near the strait of hormuz trade ring that carries about a fifth of...
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Dec 29, 2012
12/12
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KCSM
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the lawyer was imprisoned after accusing russian officials of the $230 million tax fraud. since his death, relations beween the u.s. and russia have increasingly soured, culminating in the adoption van --over 700,n children will suffer from the band. they are often raised in orphanages. for most of the children so far adopted by americans, it was the chance of their lives, but the legislators who support the law defended their decision. >> yes, this may be a step towards cold war, but this is about respect for our country. >> the bill also bans political organizations that receive funding from u.s. sources. human rights groups will be the worst affected. >> russia's foreign minister says moscow has invited the main syrian opposition coalition to talks. >> meeting with his egyptian counterpart, the russian foreign minister called on the syrian opposition to meet with the syrian president's government to end the 20-month civil war. the opposition says it will not negotiate with the assad government. this comes one day before the united nations special envoy is expected in mo
the lawyer was imprisoned after accusing russian officials of the $230 million tax fraud. since his death, relations beween the u.s. and russia have increasingly soured, culminating in the adoption van --over 700,n children will suffer from the band. they are often raised in orphanages. for most of the children so far adopted by americans, it was the chance of their lives, but the legislators who support the law defended their decision. >> yes, this may be a step towards cold war, but...
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kona welcome to a business see a large loop oil has been discovered in greece's tax system embezzled money amounts to twenty eight billion euros per year that's equal to fifteen percent of the troubled economies g.d.p. now the international monetary fund is blaming businessmen government officials and even actors for neglecting to pay what they owe the country but apparently the fund believes it is impossible to return all of that money and suggests a write down fifty percent of it now while also adopting a law to automate the system deducting the from the embezzlers a bank account. of what's happening on the markets which we actually managed to show a bit earlier in the program or two steps forward one step back for russia is the ruble it has lost around three quarters of monday's gains versus both the dollar and the euro now on the russian stock markets it seems indeed not a creature was stirring not even a mouse as i said before russia traditionally celebrates christmas on the seventh of january so tuesday was a working day because it was pretty much the only market trading very l
kona welcome to a business see a large loop oil has been discovered in greece's tax system embezzled money amounts to twenty eight billion euros per year that's equal to fifteen percent of the troubled economies g.d.p. now the international monetary fund is blaming businessmen government officials and even actors for neglecting to pay what they owe the country but apparently the fund believes it is impossible to return all of that money and suggests a write down fifty percent of it now while...
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a russian lawyer who was charged with tax evasion put in preliminary confinement and then died while in custody now sergei magnitsky family friends and several few unwise organizations believe the charges against one of these two were trumped up and that he died in custody for all the severe beatings these two acts are seen as the latest developments in the ongoing search for tad's put a diplomatic battle which seems to be going on despite the a reset button pushed several years ago russian studies history professor steven cohen from new york and princeton university's says he's never been known to any of the russians about russian u.s. relations. there's an old russian saying we're friends are also deeds a lot of people in moscow and in washington when they passed the magnitsky act and now the ban on adoption in moscow may have thought they were just talking showing off playing grandstanding politically as we say in america but these words have consequences they have that they fuel all this new cold war atmosphere which is enveloping the relationship between our two countries it's g
a russian lawyer who was charged with tax evasion put in preliminary confinement and then died while in custody now sergei magnitsky family friends and several few unwise organizations believe the charges against one of these two were trumped up and that he died in custody for all the severe beatings these two acts are seen as the latest developments in the ongoing search for tad's put a diplomatic battle which seems to be going on despite the a reset button pushed several years ago russian...
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Dec 31, 2012
12/12
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CNNW
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cut, not a tax increase, because taxes go up january 1st. i think the best way to answer is by telling you what mitch mcdonnell did, the senate republican leader, the point person with the vice president in the past 24 hours in these negotiations. he said, we are so close on almost everything that we should just hold a vote right now. he believes they're there. they have a deal on most of the -- all of the tax issues and most other issues except for one outstanding issue, and that is the sequester, those mandatory spending cuts, how to delay those and in what timetable and in what fashion. democrats simply haven't -- we haven't heard from harry reid yet but privately democrats are saying we're not ready to do that yet because we still don't think we have a deal. mitch mcconnell trying to push things along by saying that publicly, he's fine with voting on all of the things they have agreed on right now. >> dana, let's get back to this procedural issue. the vote in the house presumably tomorrow, but that only follows a vote in the senate. that
cut, not a tax increase, because taxes go up january 1st. i think the best way to answer is by telling you what mitch mcdonnell did, the senate republican leader, the point person with the vice president in the past 24 hours in these negotiations. he said, we are so close on almost everything that we should just hold a vote right now. he believes they're there. they have a deal on most of the -- all of the tax issues and most other issues except for one outstanding issue, and that is the...
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Dec 27, 2012
12/12
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FOXNEWSW
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this is the average tax hit the families take on top of what they pay on taxes. those make between $40,000 and $50,000 pay extra $1700. >> if you manage to make over $200,000, it will be a big jump up. you will need to send a check to uncle sam for $14,000 initial dollars. $500,000 to $1 million pays $34,000 more. they want $215,000 on top of what you pay in taxes. >> the wealth manager says the money you have left as far as businesses also deal with their own tax hikes. >> you are going to see less money in your paycheck. >> the government has to bite the bullet with $1.2 trillion in spending cuts. more than half of that is to the defense budget. >> they say families may need austerity calculation before making big purchases. look at the money you have and the money you need in the future to decide if you need the next big picture. doug? >> doug: thank you, molly. residents of the webster new york neighborhood set ablaze christmas eve have been allowed to return back to their homes. they say exconflict william spangler set the fire as a trap to lure firefighters
this is the average tax hit the families take on top of what they pay on taxes. those make between $40,000 and $50,000 pay extra $1700. >> if you manage to make over $200,000, it will be a big jump up. you will need to send a check to uncle sam for $14,000 initial dollars. $500,000 to $1 million pays $34,000 more. they want $215,000 on top of what you pay in taxes. >> the wealth manager says the money you have left as far as businesses also deal with their own tax hikes. >>...
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tax payer increases in income tax of the eighty or other forms of taxation it has to be found and we're the ones paying for it other nations governments scrutinize every overseas bed france for example argues that it's in their national interest to prevent key technologies falling into foreign hands so while it's often difficult for a british company to buy abroad over thirty billion pounds worth of domestic companies made their way into foreign hands last year last month westminster said that it wouldn't change any laws but would take a greater interest in foreign acquisitions the only thing is by the time they get around to it there might be nothing left to sell. art see london. now coming up russia u.s. relations the syrian conflict and other major challenges all discussed in exclusive interview with russia's foreign minister that's in a few minutes. cut i. played. play. thanks. thanks. thanks. i. good laboratory. was to build the world's most sophisticated robot which really doesn't give a darn about anything tim's mission to teach creation and why you should care about humans and.
tax payer increases in income tax of the eighty or other forms of taxation it has to be found and we're the ones paying for it other nations governments scrutinize every overseas bed france for example argues that it's in their national interest to prevent key technologies falling into foreign hands so while it's often difficult for a british company to buy abroad over thirty billion pounds worth of domestic companies made their way into foreign hands last year last month westminster said that...
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Dec 30, 2012
12/12
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MSNBCW
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i want to get my first income tax check. i want to get a driver's license. i want to get a car that's legit under my name. >> have you ever had any of these experiences? >> no. >> but later in our stay, sanchez found out that due to a miscalculation of his sentence, his release would be delayed by 15 days. >> when we checked in with joe a couple weeks later, he was preparing to go to a meeting with prison staff. he was going to be told that they had miscalculated his good time. he was going to have to stay in prison longer. >> are you going to come out or not? >> he knew all this going into the meeting, but he still had a very bad reaction. >> stay with your back to the door. >> oh, cut it out. >> you cut it out. >> it's protocol for an inmate when he's leaving his unit to be strip searched and they have to squat and cough so staff knows he's not hiding any weapons in a body cavity. joe had been doing that forever. he had done it a million times, and suddenly as he was nearing his release date he started to refuse to do it. >> no, i ain't got nothing on me.
i want to get my first income tax check. i want to get a driver's license. i want to get a car that's legit under my name. >> have you ever had any of these experiences? >> no. >> but later in our stay, sanchez found out that due to a miscalculation of his sentence, his release would be delayed by 15 days. >> when we checked in with joe a couple weeks later, he was preparing to go to a meeting with prison staff. he was going to be told that they had miscalculated his...
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Dec 29, 2012
12/12
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KQED
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it has been reported that president obama presented a plan to increase taxes on income over a quarter million dollars per year, as part of the deficit reduction plan to deal with american debt. he would probably say to the congressional leaders that need to figure out a way to get it through, but i think the expectations in washington of a deal are low with only three, four days left until the new year and the media tax hikes and spending cuts taking and -- kicking in. >> that means perhaps heading back into recession? >> yes, there is little doubt in washington about the seriousness of the sick jubilation. the problem is withdrawing government demand from the economy too big spending programs, cuts with a smothering effect on the tax hikes will have been very damaging effect on the was economy and by extension the world economy. people know it is serious, but the politics, we know that the house and senate republicans do not want to increase taxes on anybody, so it is very difficult to see how a package can get through congress, certainly in time for the new year. one guess is that t
it has been reported that president obama presented a plan to increase taxes on income over a quarter million dollars per year, as part of the deficit reduction plan to deal with american debt. he would probably say to the congressional leaders that need to figure out a way to get it through, but i think the expectations in washington of a deal are low with only three, four days left until the new year and the media tax hikes and spending cuts taking and -- kicking in. >> that means...
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Dec 29, 2012
12/12
by
CSPAN2
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so what is the great tax problem we have in the united states? we don't have a tax problem. we have a political problem in that we are incapable of the mounting the kind of campaign to go and get the money where it is and where it has always been and where it was in the 1930s and where it was taken from by mr. roosevelt to get us through that crisis with a lot less suffering than would otherwise have happened then or that is happening now and there we are back to europe where the europeans are saying we will not tolerate this. over the last few years this issue has become tight in europe. my guess is we are going to see the ramifications of this as europe is literally torn apart with inculcation, reverberations in our society that will touch everyone in this room and everyone watching. >> we want to get to some of the questions from the audience but i won't let you go without talking about the possibility of a successful cooperative year in the united states as an alternative to corporate capitalism. >> that is a wonderful question. let me give a context. what was done in th
so what is the great tax problem we have in the united states? we don't have a tax problem. we have a political problem in that we are incapable of the mounting the kind of campaign to go and get the money where it is and where it has always been and where it was in the 1930s and where it was taken from by mr. roosevelt to get us through that crisis with a lot less suffering than would otherwise have happened then or that is happening now and there we are back to europe where the europeans are...
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Dec 27, 2012
12/12
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CSPAN
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tax immunity. they have a very cozy system of tax immunity. the tragedy is when you have an economy like greece's going to a tailspin and you have a massive immunization of national income, and the central bank is effectively kaput, you can really improve your tax collection methods because there is no income tax. people just do not make money any more. even the rich do not make money. other than the money they have already accumulated through geneva or frankfurt. they are not making money. how can you improve your tax mechanism when there's no income tax? that is the second question. the first question -- i am not worried about inflation at all. in this country, there is this fixation with quantitative easing. bernanke's attempt to stabilize the american economy. it is a policy that i have encountered ever since i came to this country. mr. bernanke is printing money. he is not printing money. if it were, you could talk about the loss potential, which is different from deflationary. but what exactl
tax immunity. they have a very cozy system of tax immunity. the tragedy is when you have an economy like greece's going to a tailspin and you have a massive immunization of national income, and the central bank is effectively kaput, you can really improve your tax collection methods because there is no income tax. people just do not make money any more. even the rich do not make money. other than the money they have already accumulated through geneva or frankfurt. they are not making money. how...
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Dec 26, 2012
12/12
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MSNBCW
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if they're not going to agree to a tax -- holding taxes down for those under a million dollars, they're definitely not dealing with $400,000 so, therefore, let's go back to the $250,000. i think that hurt them, boehner. i think that's why boehner is being controlled, unfortunately, by the right wing. i agree with bernie sanders. very sad. i believe that boehner's a good man and wants a deal done and impossible with these folks. >> the finger's not only pointed at the republicans and the tea party caucus but also to some democrats. here's one of your republican colleagues this morning. take a listen to what she said. >> sure. >> everything -- it's just about scoring political points and i know that the american people are tired of that. they're tired of all of us. i understand that. we just make -- used car sales men look good. that's the only group below us. we have to get our act together and prove to the american people that we can regain the trust that they once had in us and get the job done. >> yeah. the perception -- go ahead, please, congressman. looking at the can kicked down th
if they're not going to agree to a tax -- holding taxes down for those under a million dollars, they're definitely not dealing with $400,000 so, therefore, let's go back to the $250,000. i think that hurt them, boehner. i think that's why boehner is being controlled, unfortunately, by the right wing. i agree with bernie sanders. very sad. i believe that boehner's a good man and wants a deal done and impossible with these folks. >> the finger's not only pointed at the republicans and the...
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Dec 28, 2012
12/12
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WETA
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eye 114
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it has been reported that president obama presented a plan to increase taxes on income over a quarter million dollars per year, as part of the deficit reduction plan to deal with american debt. he would probably say to the congressional leaders that need to figure out a way to get it through, but i think the expectations in washington of a deal are low with only three, four days left until the new year and the media tax hikes and spending cuts taking and -- kicking in. >> that means perhaps heading back into recession? >> yes, there is little doubt in washington about the seriousness of the sick jubilation. the problem is withdrawing government demand from the economy too big spending programs, cuts with a smothering effect on the tax hikes will have been very damaging effect on the was economy and by extension the world economy. people know it is serious, but the politics, we know that the house and senate republicans do not want to increase taxes on anybody, so it is very difficult to see how a package can get through congress, certainly in time for the new year. one guess is that t
it has been reported that president obama presented a plan to increase taxes on income over a quarter million dollars per year, as part of the deficit reduction plan to deal with american debt. he would probably say to the congressional leaders that need to figure out a way to get it through, but i think the expectations in washington of a deal are low with only three, four days left until the new year and the media tax hikes and spending cuts taking and -- kicking in. >> that means...
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with me dmitri medvedev and co a large loophole has been discovered in greece's tax system and battled money amounts to twenty eight billion euros per year and that's equal to around fifteen percent of the troubled economies g.d.p. the international monetary fund is blaming businessmen government officials and even actors for neglecting to pay what the country but apparently the fund believes it is impossible to return all of that money and suggest to write down fifty percent of this same time it's also adopting a law to automate the system suggest adopting a law which would be ducked the necessary sum from the embezzlers bank account. rise quickly take a look at the markets it was a very very quiet day of course most market closed two steps forward one step back for russia's ruble it has lost around three quarters of watergate and on monday against both the dollar and the euro now on the russian markets it seems not a creature was stirring not even a mouse russia traditionally celebrates christmas on the seventh of january so tuesday was a working day but because it was pretty much th
with me dmitri medvedev and co a large loophole has been discovered in greece's tax system and battled money amounts to twenty eight billion euros per year and that's equal to around fifteen percent of the troubled economies g.d.p. the international monetary fund is blaming businessmen government officials and even actors for neglecting to pay what the country but apparently the fund believes it is impossible to return all of that money and suggest to write down fifty percent of this same time...
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Dec 26, 2012
12/12
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MSNBCW
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. >> reporter: if congress doesn't change tax cuts in day, middle income earners will owe extra by the end of the year and they will cut back on auto industry, apparel and entertainment. >> once they cut back on that, that will be dramatic. >> reporter: retailers support 1 in 4 american jobs and if the downturn intensifies, those jobs are at risk. >> if retailers stop creating jobs, the economy as a whole stops creating jobs. >> reporter: the weight is excruciating for some and president obama left them $200 billion apart. >> the president was $200 billion higher on revenues and speaker boehner, $200 billion higher on spending cuts. >> if you get 80% of what you want, that's a pretty good day. >> reporter: tough decisions ahead, six days left. >> lawmakers will likely take on spending reform and tax cuts when the debate heats up. >> looks like they will be working over the new year. >>> a note was left by a suspected shooter that killed two firefighters christmas eve in new york. more details on the person already convicted of murder. >> reporter: police say the christmas eve ambush of
. >> reporter: if congress doesn't change tax cuts in day, middle income earners will owe extra by the end of the year and they will cut back on auto industry, apparel and entertainment. >> once they cut back on that, that will be dramatic. >> reporter: retailers support 1 in 4 american jobs and if the downturn intensifies, those jobs are at risk. >> if retailers stop creating jobs, the economy as a whole stops creating jobs. >> reporter: the weight is excruciating...
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Dec 27, 2012
12/12
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FBC
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i'm going to call them obama tax cuts. will runs say no to voting for a tax cut? >> well, the interesting question is of course what this comes with. we're at the beginning of a conversation not at the end of a conversation. because we have to decide what to do withhe bush tax cuts. that's one thing. we have to dide to do -- what to do with a trillion dollar of obamacare tax increases. very few people are talking about this but there's a trillion dollars of tax increases obamand ad demonstration passed before the last eltion and 90% of those hikesere delayed until after the president got himself reelected. then we have massive spending, $8 trillion in debt that obama's running up the next decade. republicans have several tools. right now we have very well leverage in the debate over the fiscal cliff because that stuff happens automatically but the idea of a debt ceiling increase, they've told oba if you want a trillion dollar in higher debt and he needs that eight times in the next decade, you have to cut spending a trillion dollars. >> here, i'll ask you again. 0
i'm going to call them obama tax cuts. will runs say no to voting for a tax cut? >> well, the interesting question is of course what this comes with. we're at the beginning of a conversation not at the end of a conversation. because we have to decide what to do withhe bush tax cuts. that's one thing. we have to dide to do -- what to do with a trillion dollar of obamacare tax increases. very few people are talking about this but there's a trillion dollars of tax increases obamand ad...
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Dec 30, 2012
12/12
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WTTG
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and, every working american's taxes will go up january 1st if they do nothing about the payroll tax, a pretty big increase, and, defense cuts and everyone agrees, with that policy to have middle class americans' taxes go up, and, it totally irresponsible defense cuts and this is what congress thinks is a good deal. >> chris: i'm not sure it is a good deal but avoids the worst of the fiscal cliff. senator bayh -- obviously, we don't know, what is your sense, no filibuster in the senate? you heard lindsay graham and do republicans pass whatever the senate agrees to? >> the odds are somewhat better than 50/50 we get a minimal deal in the senate. not one that solves our debt problem, as you pointed out earlier and this is a prequel to going through it again around the first of march over the debt ceiling and getting us through this crisis, slightly better than 50-50 and the real question is in the house of representatives and will it be enough of a compromise, that enough republicans can vote for it, to get through the house? i put that at 50-50. >> chris: byron, the most we can say, or
and, every working american's taxes will go up january 1st if they do nothing about the payroll tax, a pretty big increase, and, defense cuts and everyone agrees, with that policy to have middle class americans' taxes go up, and, it totally irresponsible defense cuts and this is what congress thinks is a good deal. >> chris: i'm not sure it is a good deal but avoids the worst of the fiscal cliff. senator bayh -- obviously, we don't know, what is your sense, no filibuster in the senate?...